Alexandria, VA—22301
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Alexandria, VA
As of Oct '25, the median home price in Alexandria, VA is $1,028,000, with a year-over-year change of 3.0%. This indicates that home prices in Alexandria, VA are increasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,028,000 | 3.0% |
| Single Family | $1,061,000 | 3.0% |
| Condos | $620,000 | 5.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $424,000 | 2.7% |
2 Bed | $809,000 | 1.6% |
3 Bed | $1,043,000 | 1.9% |
4 Bed | $1,409,000 | 2.8% |
| 5 Bed | $1,808,000 | 2.4% |
% of Housing Stock
Rental Trends — Alexandria, VA
As of July '25, Rentcast reports the average rent in Alexandria, VA is $3,730, with a year-over-year rent change of -3.1%. Per bedroom, the median rent as of July '25 in Alexandria, VA is studios: $2,210, 1-bedrooms: $2,190, 2-bedrooms: $3,230, 3-bedrooms: $4,460, 4-bedrooms: $5,570. The most common rental property sizes in Alexandria, VA are 1-bedroom and 2-bedroom, accounting for 42.4% and 34.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,600 | $3,730 |
| Studio Rent | $2,160 | $2,210 |
| 1 Bed Rent | $2,240 | $2,190 |
| 2 Bed Rent | $3,200 | $3,230 |
| 3 Bed Rent | $4,500 | $4,460 |
| 4 Bed Rent | $5,700 | $5,570 |
% of Rental Stock
Property Listings — Alexandria, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Alexandria, VA is 32. This is a increase of 32.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $889,000 | -22.0% |
Listing Count | 43 | 66.0% |
| Listings as % of Homes | 0.7% | 66.0% |
Days on Market | 32 | 32.0% |
Demographics — Alexandria, VA
As of the latest ACS Survey released in 2023, Alexandria, VA has a population of 13,800, which has increased by 1.9% over the past 5 years. Alexandria, VA is a moderately popular place for families, as children make up 20.8% of the population. The area has a highly educated workforce, with 83.4% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 32.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,800 | 1.9% |
% Under 18 | 20.8% | -5.0% |
% Seniors | 10.7% | 20.2% |
% WFH | 32.9% | 301.2% |
% w/ College Degree | 83.4% | 1.1% |
As of the latest ACS Survey released in 2023, Alexandria, VA is a predominantly white area, with 73.6% of the population identifying as white. The white population has shrunk by 8.1% in the last 5 years. The second most common race or ethnicity in Alexandria, VA is black, making up 9.2% of the population. Foreign-born residents account for 7.5% of the population in Alexandria, VA, and this percentage has decreased by 1.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 73.6% | -8.1% |
% Black | 9.2% | 91.7% |
% Hispanic | 8.6% | -11.3% |
% Asian | 3.4% | 36.0% |
% Foreign Born | 7.5% | -1.3% |
Mortgage and Risk — Alexandria, VA
According to HUD data as of 2023, there were 357 mortgage originations in Alexandria, VA, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Alexandria, VA. Investor activity is low, as 1.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 357 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 1.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Alexandria, VA
As of 2024, the percent of homes in Alexandria, VA under the Section 8 program is 2.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Alexandria, VA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 59 |
Total Units Section 8 | 59 |
% Rentals under Section 8 | 2.3% |
% Occupied Section 8 | 79.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $180 | $2,240 | $2,420 |
| 2 Bedroom | -$480 | $3,200 | $2,720 |
| 3 Bedroom | -$1,100 | $4,500 | $3,400 |
| 4 Bedroom | -$1,690 | $5,700 | $4,010 |
Affordability — Alexandria, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $1,028,000 |
| Median Household Income | $188,000 |